Companies Plan U.S. Expansion to Mitigate Tariffs
COMPAL ELECTRONICS
* Taiwanese contract laptop manufacturer considering U.S. expansion.
* Southern states, including Texas, being evaluated for investment.
ESSITY
* Swedish hygiene and tissue producer may shift production from Mexico and Canada to U.S. if tariffs implemented.
HYUNDAI MOTOR
* South Korean automaker plans to localize production in U.S. to minimize tariff impact.
* Hybrid vehicles to be produced at Georgia factory.
INVENTEC
* Taiwanese AI server manufacturer exploring U.S. investment.
* Texas favored due to proximity to Mexico and power infrastructure.
LG ELECTRONICS
* South Korean electronics giant considering moving refrigerator production from Mexico to Tennessee factory.
LVMH
* Luxury conglomerate "seriously considering" expanding production in U.S.
SAMSUNG ELECTRONICS
* South Korean tech giant may relocate dryer production from Mexico to South Carolina.
STELLANTIS
* Chrysler parent moving forward with plans for midsize pickup truck production in Belvidere, Illinois.
VOLKSWAGEN
* German carmaker considering U.S. production sites for Audi and Porsche brands to mitigate tariff impact.